Parliament reintroduces mandatory greenhouse gas emissions monitoring system
The Verkhovna Rada of Ukraine has endorsed a draft bill that reintroduces a mandatory system of greenhouse gas emissions monitoring, reporting and verification.
Economy - Latest news
09 January 2025
Knauf building its second plant in Ukraine
Germany’s Knauf has started the construction of a new plant in Ukraine to produce plasterboard and dry building mixes.
08 January 2025
Expert: Improvement of air defense, emergency response systems will help to protect large heating plants
There are currently no other tools to protect large thermal generation facilities from enemy attacks other than reliable air defense.
New industrial park to be created in Kyiv region
The Cabinet of Ministers has decided to create an industrial park in the Kyiv region, which will generate 1,500 new jobs.
Ukraine’s trade turnover reaches $112.3B in 2024
During 2024, Ukraine’s trade turnover reached $112.3 billion.
07 January 2025
Iceland’s delegation visits energy facility damaged by Russian strikes
During her visit to Ukraine, Foreign Minister Þorgerður Katrín Gunnarsdóttir visited one of the energy facilities that was severely damaged by Russia’s strikes.
Shmyhal and Icelandic FM discuss confiscation of frozen Russian assets
Prime Minister Denys Shmyhal discussed the confiscation of frozen Russian assets and the fight against the Russian shadow fleet with Icelandic Foreign Minister Thorgerdur Katrin Gunnarsdottir.
Capitalization of Ukrainian agricultural holding companies up by more than EUR 3.8B – experts
In the fourth quarter of 2024, most Ukrainian agricultural companies showed a rise in capitalization through logistics improvements and changes on the global agrarian markets, as well as a certain improvement in the economic and financial situation in Ukraine.
Ukraine’s regions to develop energy independence passports
In cooperation with the Ukrainian Energy Ministry, the Communities and Territories Development Ministry has approved energy independence passports for each region of Ukraine.
06 January 2025
Last year, National Bank transfers almost UAH 6B from special account for defense
In 2024, more than UAH 5.9 billion was transferred from a special account opened by the National Bank of Ukraine for defense needs.
IAEA detects explosions near Zaporizhzhia NPP
On Sunday, the IAEA staff present on the occupied territory of Zaporizhzhia NPP recorded two loud explosions near the plant amid reports of a drone attack on the training center of the plant.
05 January 2025
Ukraine’s top diplomat pushes for strengthening Russia sanctions
The Minister for Foreign Affairs of Ukraine, Andrii Sybiha, says Russia sanctions are working, although their effectiveness should be increased.
04 January 2025
Energy repair teams restore power supplies to 16,300 households in past day
On January 3, energy repair crews restored electricity supply to 16,300 consumers whose homes had been in blackout as a result of hostilities.
Slovak operator set to continue electricity export to Ukraine despite Fico's threats
Slovak power grid operator SEPS assured that, despite the threats voiced by Prime Minister Roberto Fico, electricity exports to Ukraine will not be interrupted.
Government approves draft bill on main principles of housing policy
The Cabinet of Ministers of Ukraine has approved a draft bill that introduces a new system of providing Ukrainians with housing through the mechanisms of social and corporate housing, affordable mortgage lending, and creating special housing funds.
Privatization revenues for 2024 may reach about UAH 12B – economy ministry
Ukraine’s total proceeds from the privatization of state-owned assets during 2024 may reach about UAH 12 billion, which is threefold higher than the planned target.
03 January 2025
Robert Fico’s Russian gas fearmongering falls flat - Politico
Slovak Prime Minister Robert Fico has held talks in Brussels and Moscow to preserve Russian gas supplies to his country. However, after the failure of an attempt to continue paying the Kremlin for gas, his warnings of a Central Europe energy crisis sound like empty words.
Syria interested in flour, oil, sugar and meat supplies from Ukraine – Koval
Syria has shown interest in importing a range of essential goods from Ukraine, including wheat, flour, oil, sugar, and meat products, particularly chicken and cattle.
EU becomes largest donor of financial assistance to Ukraine in 2024
In 2024, the European Union became the largest donor of financial assistance to Ukraine, having provided USD 17.3 billion under the Ukraine Facility instrument.
UCAB: Ukraine’s agricultural exports reach 5.5M tonnes in Dec 2024
In December 2024, Ukraine exported 5.5 million tonnes of agricultural products, which is 11.1% lower compared to the previous month.
02 January 2025
President: Once martial law ends, significant funds will bolster Ukraine's economy
Ukrainian President Volodymyr Zelensky has announced that once martial law is lifted, substantial funds from various sources will be allocated to revitalizing Ukraine's economy, with a primary focus on major reconstruction projects.
Russia deploys cluster munitions in strikes on Ukraine's energy system – Energy Minister
The Russian forces have changed their tactics and weaponry in attacks on Ukraine’s energy system to cause maximum damage. Despite this, Ukraine's energy system remains operational.
Zelensky: Last year’s exports to Africa up by 15%
Last year, exports of Ukrainian goods to Africa increased by 15%, totaling over $41 billion.
Farmers set to rally in Warsaw against Ukrainian exports during Polish EU presidency opening ceremony
Polish agricultural organizations are organizing a demonstration in Warsaw on January 3, protesting, among things, against the free trade agreement between the EU and the Mercosur countries and the import of agricultural products from Ukraine.
Türkiye could supply gas to EU instead of Russia – media
Türkiye could become a gas exporter to the European Union countries.
Government invests over UAH 11B in SMEs development via eRobota grants since 2022
Since the eRobota government project was launched in July 2022, the state has invested more than UAH 11 billion in the development of small and medium-sized enterprises (SMEs) via grant programmes.
Chernivtsi earns more than UAH 2.6M through tourism tax over 11 months
In January-November 2024, the tourism tax revenues in the city of Chernivtsi exceeded UAH 2.6 million, which is about UAH 400 thousand higher compared to the same period of 2023.
01 January 2025
Moldova to import electricity from Ukraine on Jan 2
Moldova’s state-owned company Energocom has announced the purchase of electricity to cover the shortfall on January 2, including imports from Ukraine.
Termination of Russian gas transit one of Moscow's biggest defeats - Zelensky
President Volodymyr Zelensky of Ukraine says energy weaponization and cynical blackmail have deprived Russia of the most attractive European market.
Sikorski: Ukraine doesn’t allow Putin to blackmail Europe with gas
Ukraine has cut off Russia’s ability to directly supply gas to Europe, preventing Putin from blackmailing Eastern Europeans.